08/13/19 – Maggie Fitzgerald: Greenspan says ‘there is no barrier’ to negative yields in the US

08/13/19 – Maggie Fitzgerald: Greenspan says ‘there is no barrier’ to negative yields in the US

Former Federal Reserve Chairman Alan Greenspan said nothing is stopping the U.S. from getting sucked into the global trend of negative yielding debt, Bloomberg reported Tuesday. “There is international arbitrage going on in the bond market that is helping drive long-term Treasury yields lower,” Greenspan said in a phone interview. “There is no barrier for U.S. Treasury yields going below zero. Zero has no meaning, beside being a certain level.” Read More.